6114 Wall Street

Los Angeles, CA 90003

$850,000
Price
4
Beds
4
Baths
2,652 Sq. Ft.
$321 / Sq. Ft.
2,652
Sq. Ft.
$321
per Sq. Ft.

Description

This 4 unit property was built in 1922 and totals 2,652sf in size and has all 1/1 units with two units being delivered vacant and remodeled for immediately occupancy. This property allows potential for an owner-occupier to live in one or more of the units. Or, a savvy investor can reposition the property even more to maximize rents and create immense equity. On a 5,117sf lot zoned R2, this property is located on a corner lot and tons of frontage and accessibility. Other notable features include driveway...This 4 unit property was built in 1922 and totals 2,652sf in size and has all 1/1 units with two units being delivered vacant and remodeled for immediately occupancy. This property allows potential for an owner-occupier to live in one or more of the units. Or, a savvy investor can reposition the property even more to maximize rents and create immense equity. On a 5,117sf lot zoned R2, this property is located on a corner lot and tons of frontage and accessibility. Other notable features include driveway access, security gates, and updated electrical with new panels. Located off 110 Freeway close to USC, DTLA, Huntington Park, South Gate, Inglewood, Local Parks & Recreation, and Restaurants & Shops.
  1. Listed by Brian Noh • DRE #01438155 • Brokerage DRE #01906449 • Nohco Real Estate • 9493085775

Property Details for 6114 Wall Street

Architectural Style
Traditional
View
None
Parking Spaces Total
2
Private Pool
No
Cooling Type
N/K
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
LISTING UPDATED: 11/19/2024 10:28 PM

Property Details for 6114 Wall Street

StatusActive
MLS #OC24236334
Days on Market14
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1922
Lot Size0.12 AC / 5,117 SF
CountyLos Angeles County

Building Information for 6114 Wall Street

Stories1Residences-Year Built1922Building Size-Lot Size0.12 AC / 5,117 SF

Property Information for 6114 Wall Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $65,280
  • Gross Scheduled Income: $65,280
  • Net Operating Income: $42,856
  • Gross Multiplier: 13.0
  • Cap Rate: 5.0
Expense Details
  • Operating Expense: $21,119
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $21,119
Tax / Assessment Info
  • Tax Tract Number: 0
  • Tax Census Tract: 2392.02
  • CFD/Mello-Roos Fee: $449
  • Tax Lot: 278
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Appliances: Disposal, Gas Range, Water Heater
  • Equipment: Gas Dryer Hookup, Inside, Washer Hookup
  • Interior Features: Ceiling Fan(s)
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom
  • Bedroom Features: All Bedrooms Down, Main Floor Bedroom
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Wall
  • Heating: Wall Furnace
  • Flooring: Carpet, Laminate, Tile, Wood
Exterior Features
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Exterior: Stucco
  • Roof: Composition
  • Entry Location: Front
  • Foundation Details: Raised
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 2-5 Units/Acre, Corner Lot, Front Yard, Lawn
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Electric: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Driveway
  • Uncovered Spaces: 2
  • Open Other Spaces Total: 2
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Driveway, Concrete
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $950
  • Unit Type Total Rent: $950
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $890
  • Unit Type Total Rent: $890
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 6114 Wall Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 6114 Wall Street

Taxable ValueLand$500,000Additions$175,320Total$675,320
Tax Record2024$8,558 ($713 / month)
Home Facts
Total Finished SqFt2,652 SqFtAbove Grade Finished SqFt2,652 SqFtLot Size5,117 SqFtStyleTriplexYear Built1922ZoningLAR2CountyLOS ANGELESAPN6006-009-019

Schools near 6114 Wall Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Charter - K to 6
Public - 7 to 8
Public - 9 to 12
Charter - K to 6
Rating
School
Distance
Aspire Slauson Academy Charter
CharterK to 6

Mary Mcleod Bethune Middle School
Public7 to 8

Aspire Inskeep Academy Charter
CharterK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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6114 Wall Street is a multi-family home for sale in Los Angeles, CA 90003. This property was listed for sale on November 19, 2024 by Nohco Real Estate, it's currently listed at $850,000. It has been on the market for a total of 14 days and was last sold on June 6, 2002. This listing's school district is Los Angeles Unified School District. Nearby schools include Aspire Slauson Academy Charter, Mary Mcleod Bethune Middle School and Academy For Multiligual Arts And Science At Mervyn M. Dymally High. 6114 Wall Street is a 4-bed, 4-bath, 2,652 sqft multi-family home built in 1922.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Nohco Real Estate, Brian Noh, DRE #01438155

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.